secwatch.observer — SEC 8-K summary
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Issuer:     Howard Hughes Holdings Inc. (HHH)
CIK:        0001981792
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001628280-26-009701
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HHH Q4 net income $5.7M ($0.10/diluted); FY net income $123.8M; guides FY2026 AOCF $415-465M
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- Net income from continuing ops Q4 $5.7M ($0.10/diluted) vs $162.3M ($3.25) in Q4 2024; FY $123.8M ($2.21) vs $285.2M ($5.73).
- Adjusted Operating Cash Flow FY $446M ($7.97/diluted) vs $535M ($10.71) prior year; Q4 $93M ($1.57).
- Full-year MPC EBT record $476M (+36% YoY) on 621 residential acres sold at avg $890K/acre.
- Operating Assets NOI record $276M (+8% YoY); guided FY2026 Operating Assets NOI $279-$290M.
- Subsequent to year-end, issued $500M 5.875% notes due 2032 and $500M 6.125% notes due 2034; redeemed $750M 5.375% notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981792/000162828026009701/0001628280-26-009701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981792/000162828026009701/hhh-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-009701

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